UPM's Sari Mannonen (second from right) was on hand to receive the Bioenergy Industry Leader Award.
 UPM’s Sari Mannonen (second from right) was on hand to receive the Bioenergy Industry Leader Award. Image: UPM Biofuels

UPM Biofuels wins ‘energy Oscar’ in the Big Apple

Finnish company UPM Biofuels has been recognised for its bioenergy industry leadership at the 2017 Platts Global Energy Awards in New York City.


Staged for the 19th occasion, the annual competition acknowledged the top performers, industry leaders and innovators in the global energy business. Such is the clout of the awards that they are often described as the ‘Oscars of the energy industry’.

UPM Biofuels was nominated for its wood-based low emission advanced UPM BioVerno biofuels, and its commercial scale biorefinery in Lappeenranta.

The Finnish company was chosen as the ‘Bioenergy Industry Leader’ from a pool of companies which have developed sustainable bioenergy solutions. These included DuPont Industrial Biosciences, Praj Industries, Propel Fuels, Targray and Alcol Biotech.

“It’s a great honour to receive this recognition of leadership in the bioenergy industry from the S&P Global Platts organisation, which is highly valued in the energy industry,” says Sari Mannonen, vice president of UPM Biofuels. “It gives credit to the whole UPM Biofuels team that has managed to make significant progress in sustainable advanced biofuels.”

UPM Biofuels won praise for its commitment to sustainability and ability to utilise forest industry residue as a raw material for its advanced biofuels production.

Latest news

Students sitting and walking in the cafeteria of LUT University next to a spiral staircase
Three Finnish universities rise on THE World University Rankings
The skyline of Tampere on the shore of Lake Näsijärvi with Näsinneula Tower on the background
Finnish firms gear up for year’s last quarter with fresh funding
A sign with the chemical formula of hydrogen against a bright blue sky dotted with white clouds.
Finland building hydrogen-based economy